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The 10 States With the Most Wal-Mart Stores. Wal-Mart Stores Inc. (NYSE: WMT) has 4,953 locations in the United States. Of those, 563 are in Texas, the state with the most locations. A look at Wal-Mart store locations shows just how regional the company, which employs over 1.3 million Americans, is. According to a recent 24/7 Wall St. analysis, Wal-Mart is the largest employer in 20 states.
Unit count information for Walmart stores as of August 31, 2008 is: 1  United States: 4,227 total units. 2  Wal-Mart discount stores (914)  Supercenters (2,576)